I can only say that I sold everything I happened to luckily buy
at the start to the rise on Monday.
I’m back to even on my short-term deals.
I’m NOT gloating...I’m thanking Providence for dodging another bullet.
And I am now going to step back until some sanity returns to the markets.
If ever.
Right now I’m modestly happy at NOT having purchased some of the
stocks hyped by the TV/Internet talking heads.
And watching most all of them bleeding value by the minute.
I don’t wish distress to anyone in the market.
But I can’t help saying as I watch the ticker “Thank You,
G-d, for somehow staying my finger from clicking the mouse and buying
into that disaster.
When one of the CNBC commentators mentions that GE is still falling
(after Buffett’s buy-in) and says “what a dog” about the parent company
of his network...you know things are bad and insane.
Although I think Jim Cramer is at least mostly an actor/buffoon...
Bernanke, Paulson, Dubya and all the other government poobahs need to
STAY THE H-LL OFF TV as Cramer has advised.
The Dow crawled it’s way down to Minus 500 pts during Bernanke’s speech today.
Man - I didn’t think I yelled it THAT loud when I turned on the TV and say Bernake! (My exact same words!)
I think I’ll move to Iceland. It’s pretty cheap, now, I hear....
8,786.43 down -524.56 -5.63%